The following subsidiaries* of KB Home were included in the November 30, 2012 consolidated financial statements:

Name of Company/Jurisdiction of Incorporation or Formation

Percentage of

Voting Securities

Owned by

the Registrant

or a

Subsidiary of

the Registrant

Arizona

KB HOME Phoenix Inc.

100

KB HOME Sales - Phoenix Inc.

100

KB HOME Sales - Tucson Inc.

100

KB HOME Tucson Inc.

100

California

KB HOME Coastal Inc.

100

KB HOME Greater Los Angeles Inc.

100

KB HOME Insurance Agency Inc.

100

KB HOME Sacramento Inc.

100

KB HOME South Bay Inc.

100

Colorado

KB HOME Colorado Inc.

100

Delaware

KB HOME Charlotte Inc.

100

KB HOME DelMarVa LLC

100

KB HOME Florida LLC

100

KB HOME Fort Myers LLC

100

KB HOME Gold Coast LLC

100

KB HOME Gulf Coast Inc.

100

KB HOME Jacksonville LLC

100

KB HOME Maryland LLC

100

KB HOME North Carolina Inc.

100

KB HOME Orlando LLC

100

KB HOME Raleigh-Durham Inc.

100

KB HOME South Carolina Inc.

100

KB HOME Tampa LLC

100

KB HOME Treasure Coast LLC

100

KB HOME Virginia Inc.

100

KB HOME Wisconsin LLC

100

KB Urban Inc.

100

Florida

KB HOME Title Services Inc.

100

Illinois

KB HOME Mortgage Company

100

Name of Company/Jurisdiction of Incorporation or Formation

Percentage of

Voting Securities

Owned by

the Registrant

or a

Subsidiary of

the Registrant

Nevada

KB HOME Las Vegas Inc.

100

KB HOME Nevada Inc.

100

KB HOME Reno Inc.

100

New Mexico

KB HOME New Mexico Inc.

100

Texas

KB HOME Lone Star Inc.

100

KBSA, Inc.

100

*

Certain subsidiaries have been omitted from this list. These subsidiaries, when considered in the aggregate as a single subsidiary, do not constitute a significant subsidiary as defined in Rule 1-02(w) of Regulation S-X.